What is the 13F Pro Quality Score for REFR?

13F Pro ranks RESEARCH FRONTIERS INC (REFR) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View REFR's current score at https://13fpro.ai/company/REFR (free sign-up required for the full ranking).

Which hedge funds own the most REFR stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of REFR include MGO ONE SEVEN, VANGUARD CAPITAL MANAGEMENT, BlackRock,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/REFR as soon as new 13F filings post.

Where does 13F Pro source REFR data?

All RESEARCH FRONTIERS INC fundamentals and ownership data come directly from SEC EDGAR. RESEARCH FRONTIERS INC files with the SEC under CIK 793524. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is REFR in?

RESEARCH FRONTIERS INC (REFR) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

How often is REFR research updated on 13F Pro?

REFR's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

RESEARCH FRONTIERS INC(REFR)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Financials →Nasdaqsmall

Institutional-grade research for retail investors

SEC EDGAR: CIK 793524 REFR stock profile & AI dashboard →

13F Pro Quality Score

6.5/100

Rank #2,951 of 2,962 stocks

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why REFR Scores 7/100

exact factor attribution · 2026-09-11

REFR's composite is held back by revenue growth and scale. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Institutional flow

-1.9 pts

22th pct

Shareholder dilution

-2.7 pts

10th pct

Earnings growth

-3.0 pts

5th pct

Earnings quality

-4.2 pts

8th pct

Capital efficiency

-6.0 pts

5th pct

Free cash flow

-6.3 pts

8th pct

Profitability

-8.3 pts

9th pct

Scale

-9.6 pts

2th pct

Revenue growth

-12.1 pts

5th pct

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

REFR Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for RESEARCH FRONTIERS INC (REFR), a Financials sector company. 13F Pro's AI-powered ranking engine scores REFR at 6.5/100 on a 32-signal composite quality model, placing it at rank #2,951 of 2,962 stocks — the bottom half of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), RESEARCH FRONTIERS INC reports quarterly revenue of $86.3K, net income of $-660.2K, free cash flow of $-191.3K. Top institutional holders of REFR by reported 13-F value include MGO ONE SEVEN, VANGUARD CAPITAL MANAGEMENT, BlackRock, based on the most recent SEC filings. REFR trades on the Nasdaq exchange and files with the SEC under CIK 793524. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate REFR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for RESEARCH FRONTIERS INC directly from SEC EDGAR. RESEARCH FRONTIERS INC's 13F Pro composite quality score has ranged between 6 and 8 since 2026, currently 6.5 — a stable long-term trajectory across 8 quarterly and live scoring snapshots.

Revenue

Q2 2026

$86.3K

Net Income

Q2 2026

$-660.2K

Free Cash Flow

Q2 2026

$-191.3K

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-16.0% YoY

$1.1MFY 2025

FY22 $539.7KFY23 $909.6KFY24 $1.3MFY25 $1.1M

Net Income

-56.0% YoY

$-2.0MFY 2025

FY22 $-2.7MFY23 $-1.9MFY24 $-1.3MFY25 $-2.0M

Operating Income

-47.9% YoY

$-2.1MFY 2025

FY22 $-2.6MFY23 $-2.0MFY24 $-1.4MFY25 $-2.1M

EPS (Diluted)

-50.0% YoY

$-0.06FY 2025

FY22 $-0.08FY23 $-0.06FY24 $-0.04FY25 $-0.06

Total Assets

-44.3% YoY

$2.3MFY 2025

FY22 $5.4MFY23 $3.9MFY24 $4.0MFY25 $2.3M

Op. Cash Flow

-68.5% YoY

$-1.3MFY 2025

FY22 $-2.2MFY23 $-2.3MFY24 $-788.8KFY25 $-1.3M

Free Cash Flow

-68.2% YoY

$-1.3MFY 2025

FY22 $-2.2MFY23 $-2.3MFY24 $-790.4KFY25 $-1.3M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.1M -16.0%	$1.3M +46.8%	$909.6K +68.5%	$539.7K -57.3%	$1.3M +52.5%	$828.5K
Net Income	$-2.0M -56.0%	$-1.3M +31.3%	$-1.9M +28.5%	$-2.7M -44.6%	$-1.8M +21.1%	$-2.3M
Operating Income	$-2.1M -47.9%	$-1.4M +29.1%	$-2.0M +22.5%	$-2.6M -42.8%	$-1.8M +28.7%	$-2.6M
EPS (Diluted)	$-0.06 -50.0%	$-0.04 +33.3%	$-0.06 +25.0%	$-0.08	—	—
Total Assets	$2.3M -44.3%	$4.0M +4.9%	$3.9M -28.2%	$5.4M +18.0%	$4.5M -26.7%	$6.2M
Operating Cash Flow	$-1.3M -68.5%	$-788.8K +65.6%	$-2.3M -5.1%	$-2.2M -21.0%	$-1.8M +19.9%	$-2.3M
Free Cash Flow	$-1.3M -68.2%	$-790.4K +65.6%	$-2.3M -5.2%	$-2.2M -21.0%	$-1.8M +21.8%	$-2.3M

Get alerted when REFR's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for RESEARCH FRONTIERS INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of REFR

MGO ONE SEVEN LLC
$461.0K886,602 sh
VANGUARD CAPITAL MANAGEMENT LLC
$301.9K580,654 sh
BlackRock, Inc.
$276.9K532,542 sh
Focus Partners Wealth
$258.1K496,422 sh
GEODE CAPITAL MANAGEMENT, LLC
$159.1K305,847 sh
VANGUARD FIDUCIARY TRUST CO
$92.1K177,030 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$80.6K155,066 sh
STATE STREET CORP
$54.9K105,623 sh
SHUFRO ROSE & CO LLC
$50.7K97,500 sh
NORTHERN TRUST CORP
$27.4K52,630 sh

Fund	Value	Shares
MGO ONE SEVEN LLC	$461.0K	886,602
VANGUARD CAPITAL MANAGEMENT LLC	$301.9K	580,654
BlackRock, Inc.	$276.9K	532,542
Focus Partners Wealth	$258.1K	496,422
GEODE CAPITAL MANAGEMENT, LLC	$159.1K	305,847
VANGUARD FIDUCIARY TRUST CO	$92.1K	177,030
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$80.6K	155,066
STATE STREET CORP	$54.9K	105,623
SHUFRO ROSE & CO LLC	$50.7K	97,500
NORTHERN TRUST CORP	$27.4K	52,630

More Financials Companies

View all Financials →

AAAU

Goldman Sachs Physical Gold ETF

AAC

Ares Acquisition Corp III

AACB

Artius II Acquisition Inc.

AACI

Armada Acquisition Corp. III

AACO

Abony Acquisition Corp. I

AACP

Apogee Acquisition Corp

AAME

ATLANTIC AMERICAN CORP

AAMI

Acadian Asset Management Inc.

Put REFR on your watchlist

Track score changes the day RESEARCH FRONTIERS INC files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is REFR a good stock to buy?

13F Pro's AI-powered analysis of RESEARCH FRONTIERS INC (REFR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for REFR are available on the REFR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. REFR is classified as a small company.

Which hedge funds own REFR?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling REFR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of RESEARCH FRONTIERS INC's investment landscape.